Mutual Fund Distributor is an authorised person to sell Mutual Fund schemes to investors. MF Distributor gets Upfront / Trail commissions from the investors / AMC for their sales.
One should pass NISM Series V A Mutual Fund Distributors Certification exam to become a Mutual Fund Distributor.
1) NISM Mutual Fund Distributors Certification is a mandatory requirement for all people engaged in sales & distribution of Mutual funds.
2) Bank Employees & Financial Advisors who sell mutual funds have to pass this NISM Mutual Fund Distributors Exam.
3) Insurance Advisors who want to become MF Distributors should pass NISM VA Mutual Fund Exam.
Series VA is not pronounced as 'vee A'. Its series 5 A. ' V ' is Roman Numeral for 5.
|Total Questions||100 X 1 mark each ( NO NEGATIVE MARKS)|
|Total Duration||2 hours.|
|Certificate Validity||3 years|
|Certificate Renewal||Attend NISM CPE Session, Call Mr.Srinivasan 98949 49988 for NISM CPE Training details in South India.|
|Unit 1||Investment Landscape||8%|
|Unit 2||Concept & Role of a Mutual Fund||6%|
|Unit 3||Legal Structure of Mutual Funds in India||4%|
|Unit 4||Legal and Regulatory Framework||10%|
|Unit 5||Scheme Related information||10%|
|Unit 6||Fund Distribution and Channel Management Practices||6%|
|Unit 7||Net Asset Value, Total Expense Ratio and Pricing of units||8%|
|Unit 9||Investor Services||20%|
|Unit 10||Risk, Return and Performance of Funds||7%|
|Unit 11||Mutual Fund Scheme Performance||7%|
|Unit 12||Mutual Fund Scheme Selection||10%|